Allen Temple Housing Corporation

Analysis

Allen Temple Housing Corporation is a registered charity in United States, based in Duarte, CA. It received its IRS tax-exemption ruling in May 1997, 29 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Allen Temple Housing Corporation reported income of $695k and spending of $1.1m, spending 156% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $556k to $695k (+25%), an average of +5.8% a year. Over the whole period it spent 146% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Allen Temple Housing Corporation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Inglis Housing Corporation ($695k), Virginia Street Baptist Church Homes Inc ($695k) and East One Thirty Eighth Housing Development Fund Company Inc ($695k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 70% and program service revenue 29% of the total. At year end it held assets of $3.7m against liabilities of $9.6m, net assets of -$5.9m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.